$5,831 Closing Credit*
$491,000
2,032 SqFt
3 Beds
•2 Full Baths
#73313046, Oleg Abramchuk, Listing Office: First NationWide Realty Inc.
Is Agawam Town, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Agawam Town has remained a Seller's Market.
Key Takeaway
Agawam Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Agawam Town, MA
How much do homes in Agawam Town, MA cost?
Median Sold Price
$315,100
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$283(+0.1%)
Key Takeaway
The sold price of homes in Agawam Town has remained the same since last year.
Summary: The median home sold price in Agawam Town was $315,100 in October 2024, up 0.1% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $165K | +22.2% |
| 2 Bedrooms | $247.5K | $275K | +11.1% |
| 3 Bedrooms | $330K | $327.5K | -0.8% |
| 4 Bedrooms | $350K | $394.9K | +12.8% |
| 5+ Bedrooms | $450K | $467.4K | +3.9% |
Summary: Agawam Town housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| West Springfield Town | $305.5K | $310K | +1.5% |
| West Springfield | $305.5K | $310K | +1.5% |
| Agawam Town | $314.8K | $315.1K | 0.1% |
| Agawam | $300K | $300K | 0.0% |
| Feeding Hills | $350K | $345K | -1.4% |
Housing Supply in Agawam Town, MA
How many homes are available in Agawam Town, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 82 | +3.8% |
Summary: The Agawam Town real estate market had 82 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 30 | 25 | -16.7% |
| 3 Bedrooms | 30 | 37 | +23.3% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Agawam Town housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Agawam Town, you could pay more than the asking price. 52% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Agawam Town in October 2024, down by 3.8% month-over-month. Of the 25 sold homes, 32% were sold under asking, 16% were sold at asking, and 52% were sold over asking.
Days on Market for Agawam Town, MA
How long does it take to sell a home in Agawam Town, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 27 Days | -26.0% |
Summary: Homes in Agawam Town had an average of 27 days on market in Oct 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Agawam Town are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Agawam Town; 72% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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